Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
CNBC anchor: Cloud computing giants must not be stingy with AI investments

CNBC anchor: Cloud computing giants must not be stingy with AI investments

格隆汇格隆汇2026/05/07 03:36
Show original
Glonghui May 7th|CNBC host Jim Cramer stated on Wednesday that cloud computing giants must not be stingy with their spending on artificial intelligence development. Cramer made these remarks after some people described the rise in data centers and AI-related stocks as an “if you build it, they will come” model—meaning companies are actively investing in infrastructure with the hope of eventually attracting customers. However, Cramer pointed out that applying this famous line from the movie “Field of Dreams” to the AI boom ignores a crucial detail: the customers already exist, and the cloud service providers scrambling to keep up with demand are working hard to meet these needs. “The key about this data center construction boom is that it’s not a fantasy story, because the data centers are being built, the customers really are coming in droves, they’re already there staking their claim, and the trend is that every seat is quickly being filled,” he explained, using Amazon as an example to prove that the comprehensive expansion into AI is no longer just wishful thinking. Cramer quoted Amazon’s CEO, saying that investment must continuously increase: “If you don’t build this stadium, the customers will go elsewhere, and you’ll miss out on huge business opportunities.”
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Smart ring manufacturer Oura (OURA.US) IPO reportedly oversubscribed by about 4 times

According to market sources, the initial public offering (IPO) of smart ring manufacturer Oura in the US stock market has reportedly been oversubscribed by approximately four times.

智通财经•2026/09/26 03:46

Subscription multiplier reaches 4 times! "AI Ring" Oura IPO receives enthusiastic response

Smart ring manufacturer Oura's IPO was oversubscribed by approximately four times, planning to issue 50 million shares at a maximum price of $44 per share, aiming to raise up to $2.2 billions, with a fully diluted valuation of about $15 billions. Against the backdrop of companies like Holtec Nuclear withdrawing their IPO plans due to market conditions, Oura is expected to become the first major IPO in nearly three months to raise over $1 billion, injecting new vitality into the long-dormant U.S. IPO market.

华尔街见闻•2026/09/26 02:06

The Bank of Japan's interest rate hike still fails to impress the market! Hedge funds slash yen long positions by nearly 80%, while dollar long positions increase significantly

After the Bank of Japan failed to deliver a clear enough signal of further interest rate hikes to the market, hedge funds have significantly reduced their bullish bets on the yen.

智通财经•2026/09/26 00:06